Franklin Templeton set up their first office in India in 1996 as Templeton Asset Management India Private Limited. Templeton India Growth Fund was the first product introduced by the company in September 1996. The company has considerably grown since then.

Investment Objective of Franklin India Technology Fund - Growth

The main objective of this scheme is to make investments in equity and its related securities of technology related companies in order to generate long-term capital appreciation.

Key Features of Franklin India Technology Fund - Growth

Some of the key features of Franklin India Technology Fund - Growth have been listed in the table below:

Type of fund

Open ended equity scheme that follows technology theme

Plans available

Regular and Direct

Options under each plan

Growth and Dividend

Risk

High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Franklin India Technology Fund - Growth

Minimum application amount

Rs.5,000

Minimum additional investment

Rs.1,000

Minimum installment for Systematic Investment Plan (SIP)

Rs.500

Minimum installment for Systematic Withdrawal Plan (SWP)

Entry Load

Not Applicable

Exit Load

An exit load of 1% will have to be paid if the units are redeemed or switched out before the completion of 365 days starting from the date of allotment of units.

The NAV will be calculated at the end of every business day and can be viewed either on the AMFI website (www.amfiindia.com) or on www.franklintempletonindia.com. The NAV will calculated up to four decimal places. As per the SEBI Regulations, the fund will publish half yearly and annual results. The scheme portfolios will be disclosed by the mutual fund on the last day of every month or before the tenth day of the following month on www.amfiindia.com and www.franklintempletonindia.com.

Franklin India Technology Fund - Growth Fund Manager

Anand Radhakrishnan and Varun Sharma are the fund managers of the scheme. Srikesh Nair is the dedicated foreign fund manager for the scheme.

Investment Restrictions of Franklin India Technology Fund - Growth

Some of the investment restrictions of Franklin India Technology Fund - Growth have been listed below:

If the investments are meant to be long-term in nature, securities can be purchased or transferred by the mutual fund in the name of the scheme.

No investments shall be made by the scheme in fund of fund schemes.

No loans shall be advanced by the mutual fund for any purpose.

Investments can be made by the scheme on other schemes that have similar objectives without charging any fees. This is provided that such investments do not exceed more than 5% of the Net Asset Value of the scheme.

More than 10% of any company’s voting rights may not be owned by Franklin Templeton Mutual Fund under all the schemes.

More than 5% of the NAV of the scheme may not be invested in unlisted equity and its related instruments.

More than 10% of the Net Asset Value of the scheme may not be invested by the scheme in debt instruments that comprise money and non-money market instruments that have been issued by a single issuer. These investments may be extended to 12% of the Net Asset Value of the scheme provided prior approval has been provided by the Board of the Asset Management Company and the Board of Trustees.

More than 10% of the NAV of the instruments may not be invested in unrated debt instruments that have been issued by a single issuer. The total investment of such instruments should not exceed 25% of the Net Asset Value of the scheme.

Other Facilities under Franklin India Technology Fund - Growth

Some of the special facilities of Franklin India Technology Fund - Growth have been listed below:

Systematic Investment Plan (SIP) Variants facility

Flexi SIP

Step up SIP

Pause SIP

SIP Amount Change

Any Date SIP

Systematic Transfer Plan (STP)

Systematic Withdrawal Plan (SWP)

Why should you invest in Franklin India Technology Fund - Growth

Franklin Templeton focuses mainly on building business relationships to help them stand apart as a company. The company offers a variety of investment options that caters to the varied investment needs of the investors. The main focus is to provide high quality investment options to help the investors fulfill their investment objectives.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.